If we were to believe him, and I really don't care myself, that would mean that 6-8 years ago when he was posting huge risky positions in near month options he eventually blew up his account. I was watching one such position he posted that turned around on expiry day to prevent a massive loss; he seemed to be blissfully unaware there was any risk at all. It is possible he has a large asset base to draw off regardless of trading and can take on massive risks. Or he could be just lying about it like poster "Ayn Rand" did.
I am suspicious of this rally
- Thread starter hajimow
- Start date
If we were to believe him, and I really don't care myself, that would mean that 6-8 years ago when he was posting huge risky positions in near month options he eventually blew up his account. I was watching one such position he posted that turned around on expiry day to prevent a massive loss; he seemed to be blissfully unaware there was any risk at all. It is possible he has a large asset base to draw off regardless of trading and can take on massive risks. Or he could be just lying about it like poster "Ayn Rand" did.
I was dubious until he said he doesn't buy premium to take direction,only sells OTM weeklies..
Beyond absurd
Pure fantasy....
Beyond absurd
Pure fantasy....
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This is LITERALLY the least suspicious rally in existence. Fed pumping. Fisc pumping. Coming out of an era where everybody is couped up worried about some BULLSHIAT beer virus, wtf? Shit is about to get CRAZY. Go long, and go long on MARGIN. Sell your wife, sell your dogs, mortgage your kids, get LONG, as much as you possibly can. Put multiple mortgages on your house. Sell you extra kidney and liver and whatever else you can. Go LONG. NOW, I beg you guys if you actually want to make money....
Go long what? cyclical sector stocks, energy, infrastructure, industrials? Or just SPX? Or are the Fang stocks destined to come back as a value play, having recently lost valuation?
Genius
